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Re: ccsykes post# 1612

Wednesday, 03/29/2017 3:49:52 PM

Wednesday, March 29, 2017 3:49:52 PM

Post# of 44768
The way it reads to me is the agreement is for a JV that may or may not use ALAMO CBD product. If it does you all share the resulting IP if any. The JV is in place primarily to support Alamo CBD getting a Texas license.

But it appears the Cannliv announcement is to provide CBD product to Vyripharm as well which would also require license in Texas...no?

And I noticed you had to take out another convertible note of $550K with Tangiers???? Yet you raised $800K+ to be rid of the previous notes...yet you turn around and sign up a new one. I see the terms are not fundamentally different than the previous ones.

Meanwhile the agreement has you coughing up $1 million a year...where on earth will that come from if you are still reliant on toxic financiers.

Just my MHO, but you are exceedingly good at the confusing... wink
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